VOTING TRUST AGREEMENT
KNOW ALL MEN BY THESE PRESENTS THAT: By agreem agreement ent made this this 18th 18th day ! "e#r$a "e#r$ary ry %&1' %&1' #et(ee #et(een n the $ndersigned st)*h+ders ! JULIAN JULIAN JOLLY FOOD CORPORATION, a )r-ratin rgani.ed $nder the +a(s ! the Phi+i--ines, ha/ing a -rin)i-a+ !! !!i)e i)e at 8th Floor Floor RCBC Tower One Buen Buen!" !" A#enue A#enue Corner Corner A$"l" $"l" A#enue S"l%eo V!ll"&e' M"("t! C!t$ , and a++ a++ ther ther st)*h st)*h+ders +ders ! the the said )r-ratin (h sha++ 0in in and #e)me -arties t this agreement as herei hereina na!t !ter er -r/ -r/id ided ed,, a++ a++ ! (hi) (hi)h h st) st)*h *h+ +de ders rs are are here herein ina! a!te terr )a++ )a++ed ed S$#s)r S$#s)ri#e i#ers, rs, and PABLO JAN MARC A) FILIO IV' (h is hereina!ter )a++ed the Tr$stee: Where Whereas as,, the the S$#s S$#s)r )ri# i#er erss are are resres-e) e)ti ti/e /e+y +y (ne (ners rs ! shar shares es ! )mmn st)* in the r-ratin and the am$nts set $t --site their signat signat$res $res heret2 heret2 and (hereas, (hereas, (ith (ith a /ie( /ie( t the sa!e and )m-et )m-etent ent manage managemen mentt ! the r-r r-rati atin, n, in the intere interest st ! a++ the st)*h st)*h+d +ders ers there!, the S$#s)ri#ers are desir$s ! )reating a tr$st in the !++(ing manner: 13 The S$#s)ri#ers sha++ endrse, assign, and de+i/er t the Tr$stee the )erti!i)ates re-resenting the shares ! st)* (ned #y them res-e)ti/e+y, and sha++ d a++ things ne)essary !r the trans!er ! their res-e)ti/e shares t the Tr$stee n the #*s ! the r-ratin3 %3 E/ery ther st)*h+der in the )r-ratin may #e)me a -arty t this agreement #y signing it and assigning and de+i/ering the )erti!i)ates ! his shares t the Tr$stee3 Tr$stee3 43 The Tr$stee sha++ h+d the shares ! st)* trans!erred t him, $nder the terms and )nditins hereina!ter set !rth3 53 The Tr$stee sha++ s$rrender t the -r-er !!i)er ! the r-ratin the )erti!i)ates ! the S$#s)ri#ers, and sha++ re)ei/e !r them ne( )erti!i)ates iss$ed t him as Tr$stee $nder this agreement3 63 The Tr$stee sha++ iss$e t ea)h ! the S$#s)ri#ers a tr$st )erti!i)ate !r the n$m#er ! shares trans!erred #y the S$#s)ri#er t the Tr$stee3 Ea)h tr$st )erti!i)ate sha++ state that it is iss$ed $nder this agreement, and sha++ set !rth ea)h S$#s)ri#er7s -r-rtina+ interest in the tr$st3 The Tr$stee sha++ *ee- a +ist ! the shares ! st)* trans!erred t him, and sha++ *ee- a re)rd ! a++ tr$st )erti!i)ates iss$ed r trans!erred n his #*s, (hi)h re)rds sha++ )ntain the names and addresses ! the tr$st )erti!i)ate h+ders and the n$m#er ! shares re-resented #y ea)h tr$st )erti!i)ate3 S$)h +ist and re)rd sha++ #e -en at a++ reasna#+e times t the ins-e)tin ! the tr$st )erti!i)ate h+ders3
'3 t sha++ #e the d$ty ! the Tr$stee, and he sha++ ha/e the -(er t re-resent the S$#s)ri#ers and the st)* trans!erred t the Tr$stee as a!resaid, and /te $-n s$)h st)*, as in the 0$dgment ! the Tr$stee may #e !r the #est interest ! the r-ratin, in the e+e)tin ! dire)trs and $-n any and a++ matters and 9$estins (hi)h may #e #r$ght #e!re them, as !$++y as any st)*h+der might d3 3 The Tr$stee sha++ )++e)t and re)ei/e a++ di/idends that may a))r$e $-n the shares ! st)* s$#0e)t t this tr$st, and sha++ -ay the same t the tr$st )erti!i)ate h+ders in -r-rtin t the n$m#er ! shares res-e)ti/e+y re-resented #y their tr$st )erti!i)ates3 83 The Tr$stee sha++ #e entit+ed t #e !$++y indemni!ied $t ! the di/idends )ming int their hands !r a++ )sts, )hanges, e;-enses, and ther +ia#i+ities -r-er+y in)$rred #y him in the e;er)ise ! any -(er )n!erred $-n him #y this agreement2 and the S$#s)ri#ers here#y )/enant (ith the Tr$stee that in the e/ent that the mnies and se)$rities in their hands are nt s$!!i)ient !r that -$r-se, the S$#s)ri#ers and ea)h ! them (i++, in -r-rtin t the am$nts ! their res-e)ti/e shares and interests, indemni!y the Tr$stee ! and !rm a++ +ss r damage (hi)h he may s$stain r #e -$t t, #y reasn ! anything he may +a(!$++y d in the e;e)$tin ! this tr$st3 <3 n the e/ent that the h+der ! any tr$st )erti!i)ate sha++ desire t se++ r -+edge his #ene!i)ia+ interest in the shares ! st)* re-resented there#y, he sha++ !irst gi/e t the Tr$stee nti)e in (riting ! s$)h desire, and the Tr$stee sha++ ha/e the right t -$r)hase the tr$st )erti!i)ates at the #* /a+$e ! the st)* re-resented #y s$)h )erti!i)ates at the time ! s$)h -$r)hase3 ! the Tr$stee sha++ e;er)ise s$)h -tin t -$r)hase, he sha++ h+d the #ene!i)ia+ interest there! !r the #ene!it ! a++ the remaining tr$st )erti!i)ate h+ders (h sha++, $-n three =4> days nti)e gi/en #y the Tr$stee #e!re e;er)ising s$)h -tin, )ntri#$te their res-e)ti/e -r-rtinate share ! the -$r)hase mney t #e -aid #y the Tr$stee3 n the e/ent that the Tr$stee sha++ nt e;er)ise s$)h -tin t -$r)hase the s$#s)ri#er7s interest, and n+y in that e/ent, the h+der ! s$)h tr$st )erti!i)ate sha++ ha/e the right t se++ the same (ith$t restri)tin3 1&3 n the e/ent ! any tr$stee dying, resigning, re!$sing, r #e)ming $na#+e t a)t, the s$r/i/ing r ther Tr$stee, i! any, sha++ a--int a tr$stee r tr$stees t !i++ the /a)an)y r /a)an)ies, and any -ersn s a--inted sha++ there$-n #e /ested (ith a++ the d$ties, -(ers, and a$thrity ! a tr$stee as i! rigina++y named herein3 113 This tr$st sha++ )ntin$e !r !i/e =6> years !rm the date here!, and sha++ then terminate, -r/ided, h(e/er, that the #ene!i)ia+ (ners ! t(enty -er)ent =%&?> ! the shares ! st)* s$#0e)t t this agreement may at any time terminate this tr$st #y res+$tin ad-ted at a meeting ! the tr$st
)erti!i)ate h+ders )a++ed #y any ne ! them, $-n nti)e ! three =4> days, stating the -$r-se ! s$)h meeting, in (riting, mai+ed t the tr$st )erti!i)ate h+ders at their res-e)ti/e addresses as they a--ear in the re)rds ! the Tr$stee3 @-n the terminatin ! the tr$st, the Tr$stee sha++, $-n the s$rrender ! the tr$st )erti!i)ates #y the res-e)ti/e h+ders there!, assign and trans!er t them the n$m#er ! shares ! st)* there#y re-resented3 N WTNESS WHEREO", the indi/id$a+ -arties heret set their hands and sea+s, and the )r-ratin has )a$sed this agreement t #e signed #y its d$+y a$thri.ed !!i)ers3
JULIAN JOLLY FOOD CORPORATION
JULIAN GUIEB AGUILAR President PIO GUIEB AGUILAR Se)retary
CRISOSTOMO R) IBARRA Shareh+der
MARIA CLARA T) IBARRA Shareh+der
PABLO JAN MARC A) FILIO IV Tr$stee AC*NO+LEDGMENT
REP@BL O" THE PHLPPNES ity ! Ma*ati
> > S3S3
AC*NO+LEDGMENT
Be!re me, a ntary in the ity ! Ma*ati -ersna++y a--eared the a#/e named -ersns (ith their res-e)ti/e identi!i)atin, (h is -ersna++y *n(n t me t #e the same and r identi!ied thr$gh )m-etent e/iden)e ! identity as de!ined #y R$+es n Ntaria+ Pra)ti)e, (h -resented the !reging instr$ment and signed the instr$ment in my -resen)e, and (h
t* an ath #e!re me as t s$)h instr$ment3 They a)*n(+edge t me that the e;e)$tin ! s$)h a)t r deed is their !ree and /+$ntary a)t3
JULIAN GUIEB AGUILAR Pass-rt N3 EB<&%8% ss$ed n 16 th ! "e#r$ary %&16 ss$ed at Pasay ity E;-ires n "e#r$ary16, %&%&
PIO GUIEB AGUILAR Pass-rt N3 EB4<&1 ss$ed n %5 th ! Mar)h %&16 ss$ed at Pasay ity E;-ires n Mar)h %5, %&%&
CRISOSTOMO R) IBARRA Pass-rt N3 EB<%8< ss$ed n 1' th ! "e#r$ary %&1' ss$ed at Pasay ity E;-ires n "e#r$ary1', %&%1
MARIA CLARA T) IBARRA SSS N3 458<%4&1 ss$ed n %5 th ! A-ri+ %&1& ss$ed at Pasay ity
PABLO JAN MARC A) FILIO IV Pass-rt N3 EB888%8% ss$ed n %& th ! Can$ary %&16 ss$ed at Pasay ity E;-ires n Can$ary %&, %&%&
N WTNESS WHEREO", ha/e here$nt set my hand and a!!i;ed my ntaria+ sea+, this 4& th ! Mar)h %&1 at Ma*ati ity, Phi+i--ines3
ATTY) LOILA B) LAC,ICA NOTARY P$#+i) "r Ma*ati mmissin Seria+ N3 <84< @nti+ e)em#er 41, %&1 R++ ! Attrney <%8%< BP N3 %84% Mani+a %1 PTR N3 %% Mani+a <11
) N3 84%2 Page N3 52 B* N31%2 Series ! %&1
